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news-imageOctober 7, 2024

Bitcoin's First Exchange Rate Set 15 Years Ago: A Look Back at Its Astonishing Rise

Bitcoin's wild price swings have intrigued investors and traders for over a decade. The first official exchange rate for the cryptocurrency was set on October 5, 2009, through the New Liberty Standard Exchange.
Publisher: Coinspress
Sentiment: Positive
BTC

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cover-imageUToday
October 7, 2024

October 9 Crucial for Bitcoin, Here's Why

October 9 in particular is predicted to be a turning point for Bitcoin and the cryptocurrency market as a whole this coming week. The minutes of the most recent meeting on monetary policy by the Federal Reserve are scheduled to be released, and significant U.S. Economic indicators that will be released include the Producer Price Index (PPI), the unadjusted Consumer Price Index (CPI) annual rate for September and the quantity of initial jobless claims for the week ending Oct. 5.

Positive
cover-imageThe Currency Analytics
October 7, 2024

Bitcoin Aims for $63K as Michael Saylor Advocates for Piece of Cyberspace

Bitcoin, the world's largest cryptocurrency, is making headlines again as its price nears the significant $63,000 mark. This surge comes alongside renewed enthusiasm from prominent Bitcoin advocate Michael Saylor, who recently took to the social media platform X to encourage followers to invest in what he describes as a vital “piece of cyberspace.

Positive
cover-imageBitcoin
October 7, 2024

Unlocking Bitcoin's Future: GoBTC Foundation's Jeremy Dreier on the Crucial Role of Onchain Growth

GoBTC Foundation supports innovative Layer 1 and Layer 2 projects to grow the Bitcoin onchain ecosystem. By providing investment, strategic guidance, and a platform for launching new tokens, this new foundation helps onchain projects accelerate growth and contribute to Bitcoin's future—one that may depend on onchain transactions more than we realize.

Positive
cover-imageThe Currency Analytics
October 7, 2024

Bitcoin on the Brink: Will BTC Surge Past $70K

Bitcoin (BTC) appears to be at a critical juncture as it eyes a potential rally toward $70,000. Recent data indicates an uptick in USDT borrowing among traders, suggesting that many are preparing to buy the dip as BTC navigates a series of price fluctuations.

Positive
cover-imageCoinPedia
October 7, 2024

Japan's Metaplanet Purchased an Additional 108.786 Bitcoin, Stock Surges 13%

Metaplanet Inc. (Tokyo:3350), a Japanese long-standing company that deals with hotel asset management and operations, announced earlier today that it had acquired an additional 108.786 Bitcoins, for about $6.7 million at an average price of around 61.9k. As a result, the company now holds a total of 639.503 Bitcoins, worth approximately $40.5 million.

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